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Category: FINANCE

Posted on 10/02/2023

Singapore relaxes COVID travel curbs, mask rules further

Singapore will drop a requirement for travellers who are not fully vaccinated to show COVID test results or purchase coronavirus travel insurance from Feb 13, the government's virus taskforce said on ...

Posted on 10/02/2023

Spotlight on Indonesian tycoon Susilo Wonowidjojo after OCBC unit files police report

SINGAPORE – Over the weekend of Feb 4-5, news broke that OCBC Bank’s Indonesian branch had filed a police report against one of Indonesia’s top billionaires. The case: A wig-making company owned by ...

Posted on 10/02/2023

Here’s Why UOB One Customers Can Still Live Life to the Fullest, Amid High Inflation

High inflation in Singapore has been the talk of the town, and MAS has forecasted that core inflation for 2023 is likely to be 3.5% to 4.5%. What this means is that goods and services will cost more, ...

Posted on 09/02/2023

Japan’s Sumitomo Mitsui to end corporate finance exposure to coal mining by 2040

Sumitomo Mitsui Banking Corp (SMBC) will not have any corporate and project finance exposure to coal mining by 2040 but does not have a concrete timeline for reducing support to trade finance, a ...

Posted on 09/02/2023

Golf: Singapore’s Amanda Tan qualifies for HSBC Women’s World C’ship for the fifth time

She finished last in the 60-plus player field in her previous attempts but believes she is better prepared this time. Read more at straitstimes.com.

Posted on 09/02/2023

Singapore-based fintech Tazapay raises USD 16.9 million in Series A fundraising round, led by Sequoia Capital Southeast Asia

Singapore February 9 ANIPRNewswire Tazapay a leading fintech company specialising in cross-border payments announced today that it has raised USD 169 million in its Series A funding round Sequoia ...

Posted on 09/02/2023

Singapore Wins Record $17 Billion Investment Pledge on Reopening

Singapore said it secured record investment commitments last year as the economy reopened, while warning that officials don’t expect to repeat that performance amid mounting global headwinds.

Posted on 09/02/2023

Singapore attracted record S$22.5 billion in fixed asset investments last year, nearly double of 2021

SINGAPORE: Singapore attracted a record high of S$22.5 billion in fixed asset investments last year, which is set to create more than 17,000 jobs in the coming years, the Economic Development Board ...

Posted on 09/02/2023

Singapore REITs Fall, Weighed by Hawkish Fed Comments

By Justina Lee Singapore real estate investment trusts are trading lower Thursday, weighed by concerns of higher interest rates following remarks from ...

Posted on 09/02/2023

Expect to see better earnings from Straits Times Index constituents: Singapore Exchange

Ng Yao Loong, chief financial officer at the Singapore Exchange, says it is "situated in the right part of Asia," and better performance can be expected if economic conditions permit and if those ...

Posted on 09/02/2023

Asia IPOs In U.S. Poised To Increase As Region’s Economies Recover, Nasdaq Vice Chairman Says

This year, with Asia helping to lead a global economic recovery from Covid, the number of listings from the region may beat that pre-Covid number, Vice Chairman Robert McCooey, Jr. said in an ...

Posted on 09/02/2023

Standard Chartered and Allinpay enable Singaporeans to make real-time cross-border payments in Hong Kong

Singaporeans travelling to Hong Kong can now pay Allinpay merchants in Hong Kong via their PayNow accounts thanks to a partnership made by Standard Chartered Bank and Allinpay Merchants Services ...

Posted on 09/02/2023

Standard Chartered, Allinpay enable Singapore dollar QR payments in Hong Kong

Singapore dollar can now be used to pay in over 30,000 acceptance points in Hong Kong. Standard Chartered and Allinpay have teamed up to enable Allinpay’s Hong Kong merchants to accept PayNow instant ...

Posted on 09/02/2023

Revolut Singapore’s Customers Can Now Buy and Sell US-Listed Stocks From US$1

Revolut, a neobank with more than 25 million retail customers worldwide, is now offering stock trading for its Singaporean customers.

Posted on 09/02/2023

Singapore-headquartered AI FinTech finbots.ai to transform Baiduri Bank’s – Brunei’s leading bank’s – credit risk management capabilities

Accel-backed finbots.ai, a Singapore headquartered B2B SaaS FinTech, today announced securing a deal with Brunei's Baiduri Bank, to modernise their credit risk management using AI.

Posted on 09/02/2023

OCBC unit files police report against Indonesian tycoon: Who is Susilo Wonowidjojo?

OCBC’s Indonesian branch filed a police report alleging fraud by company owned by one of Indonesia’s top billioniaires. Read more at straitstimes.com.

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